In this episode of The Money Scope Podcast, we take a deep dive into the complex world of pensions for incorporated professionals in Canada—from RRSPs and IPPs to MEPPs. We explain how these compare in terms of tax treatment, investment flexibility, creditor protection, and long-term retirement security.
We also explore the behavioral and psychological side of pensions: why risk pooling matters, how defined benefit plans manage longevity and sequence risk, and when the added complexity of an IPP or MEPP might actually be worth it.
This is one of the most comprehensive overviews of pensions you’ll hear—combining research, real-world application, and practical insight for anyone trying to optimize their corporate retirement strategy.
“Another important nuance that’s there is that if someone is fully maxing out the allowable contributions to their pension, they still have another $600 of new RRSP room each year due to the way that pension adjustment is calculated.“
@LoonieDoctor
“The market for managers is very efficient. The best managers get more to manage, and then because of that, they have a harder time generating alpha as they scale up. It’s tough out there to say, hey, look how great our pension is.”
@benjaminwfelix
“One of the things with a defined benefit pension plan, especially if you’re pooled with a bunch of other people, is that it helps you with some of this risk sharing.“
@LoonieDoctor
“For the IPP to make sense, there needs to be the right combination of factors.”
@benjaminwfelix
